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Thursday, March 15, 2007

Sriperumbudur: India's Shenzhen?

If you build it, will the investors come? Bloomberg columnist Andy Mukherjee ask whether Sriperumbudur in India's Tamil Nadu state may be India's answer to Shenzhen. If so, it will need political will and administrative savvy, he writes:

There's much optimism in India about the transformation of a small hamlet of paddy fields and wetlands in the south of the country into a global electronics hub. Local media say India may have found its equivalent of China's Shenzhen, or at least a miniature version of it.

It's indeed possible that Sriperumbudur in India's Tamil Nadu state may start churning out as many mobile phones in three years as Shenzhen in southern China does now. That won't be a mean feat, considering Shenzhen makes one out of eight handsets sold anywhere in the world.

The question is whether India has the political will and the administrative savvy to take Sriperumbudur to its full potential. It took a leader of Deng Xiaoping's foresight, and the might of China's command-and-control economy, to create Shenzhen. Who will bat for Sriperumbudur, which sends one lawmaker to the 545-member parliament, in democratic India?

The cluster of overseas-funded telecommunications and personal-computer investments emerging in Sriperumbudur is too valuable an opportunity to be left to chance. Tax breaks aren't enough. The industry must be supported with world-class public infrastructure such as expressways, railway links and an airport, and private amenities, including hotels, apartments, shopping malls and entertainment sites.

...The existence of Sriperumbudur was virtually unknown even within India before Prime Minister Rajiv Gandhi was assassinated there during an election campaign in May 1991. Fifteen years later -- in November 2006 -- his widow, Sonia Gandhi, who is president of India's ruling Congress Party, looked on as the 20 millionth handset came off the assembly lines in Nokia Oyj's eight-month-old factory in Sriperumbudur.

By June this year, seven component manufacturers -- including Taiwan's Foxconn Technology Co., Finland's Salcomp Oyj and Britain's Laird Group Plc -- will begin work from the 210-acre Nokia Telecom Park in Sriperumbudur. Some 20,000 people will be working on the campus when it's fully operational next year. Thousands more will be employed at the nearby industrial park being set up by Flextronics International Ltd.

Flextronics will do contract manufacturing for, among others, Sony Ericsson Mobile Communications, which plans to make 10 million of its phones in India by 2009. Separately, Motorola Inc. is cooperating with the government of Tamil Nadu in a 300-acre special economic zone, which will house a $100 million manufacturing unit for handsets. Samsung Electronics Co. plans to invest $100 million over five years in Sriperumbudur to make refrigerators, washing machines and televisions. Dell Inc.'s proposed $30 million factory will make desktop computers and servers.

Shenzhen became the world's factory because Deng, then the paramount leader, selected it in 1980 as the launching pad for his open-door policy. Driven by his vision, the municipal authorities put in place the key amenities long before international investors took the bait.

What in 1979 was an agrarian backwater of 300,000 people is today a bustling metropolitan city of 11 million. Shenzhen now has the world's fourth-busiest container port and China's fourth-largest airport. Expressways connect the industrial areas to a vibrant downtown. A subway system became operational in 2004. New towns are constantly being built, distances are getting squeezed.

If supply created its own demand in China, the reverse is waiting to happen in India. After China and the U.S., India is the world's third-biggest wireless market by users. It's also the fastest-growing, adding 5 million new mobile-phone subscribers every month. By 2010, when India has more mobile users than China has now, it should be possible to make at least half of the handsets domestically, provided Sriperumbudur can attain scale.

The national, state and civic authorities must be able to see 20 years ahead and build accordingly. ...There's much discussion in India about devolution of power to local bodies; there is very little attempt to get municipalities to implement a national agenda. This needs to change. Rather than repeating the mistakes made with Bangalore and Tirupur, the Indian planners ought to see Sriperumbudur as a test case for a new model of more proactive economic development. That's what Deng did. He built and the investors came.

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"Who will bat for....in democratic India"

Many Tamil pressure groups ofcourse.The parliament includes representatives of petty local political parties from Tamil Nadu who clamour for central projects for their state much to the displeasure of neighbouring States like Kerala and Karnataka may it be in the Mullapperiyar Dam issue or the Kaveri Water issue.
Chennai, Tamil Nadu's capital is the head quarters of Southern Railway and Tamil Nadu snatches and steals away all railway-related development projects, new railway lines etc though Kerala by the way of passenger-traffic income provides maximum to the Railways.All good trains and bogies are allowed to run only in Tamil Nadu while dirty bogies are shunted back to Kerala State.88% of railway run institutions are in Tamil Nadu while a meagre 12% is in Kerala.Now the Union Tamil chauvanist railway minister wants to bifurcate the Palakkad division in Kerala and take away the stolen portion to Tamil Nadu.
Another Tamil chauvanist Union minister for shipping effectively thwarted the Vizhinjam harbour project where mother ships could easily anchor even when the weather is rough.He took the project to Tamil Nadu.
Kerala's long standing demand for a West-Coast Railway Zone is constantly neglected.
All this means that petty lobbying regional Tamil parties are dominating Indian politics and administration and they constantly clamour for favours from the Central Government.All these lead to the backwardness of some states like Kerala in the Indian federal set-up.

Dear Appukuttan,
If the regional parties getting their share by involving in national politics is chauvinism means, that is done for 50 years by northern parties and we can say the entire south is neglected. If TN is getting projects, that is not only because of its union ministers, it is also because of its good industrial climate, infrastructure etc, etc...
Chauvinism lies in your words only.
If kerala wants a west coast railway zone, u fight for it...why are you poiniting ur fingers at railway minister from TN...he is only a state ministes of course and he is in the union ministry only for 2 years...and none of the so said TN chauvinists stopped any projects for kerala for the past 50 years..and of course u accepted its a long pending demand....any minister even if he is from kerala will first develop his own place and that is not a crime...and that is the success of coalition concepts.....

Even if it is TN chauvinists dominating the centre, that is a victory indeed for the entire south...TN fighted for nearly 16 years to get this control in national politics(right frm 1991) and now getting the benefits....If it is TN today, it will be kerala, karnataka, AP tomorrow..
(already AP got a good share in last BJP term)..

u people just try to learn from TN and not envy on it....and of course what happened in Mulla periyar or kaveri ? Is the Supreme court is also dominated by the so called TN chauvinists?
Cheers,
Nams.

We do not want to learn from cinema-god politicians and we do not envy anybody.We want to point out that in the matter of railway development, we are treated as TN's colony; looting us and investing the money in TN.

dear appukuttan,
dont use such words on the union ministers. the salem rail division is a long standing demand of the people of TN. now by mean of our union minister we achieved it. also the portions are not being stolen but they are the part of TN. also it is the necessity of the southern railway to bifurcate it because the palakkad division is one of the biggest rail division in indian railway. after the formation of the new division the regions will be administered conveniently by the SR.
so understand the situation and have unity with the neighbouring states. dont say false statements.

thiii,
I repeat southern railway is not the private property of TN.All rlwy dvpts are in TN. We are getting a big zero.Now they want to take away some portion of Trivandrum division.There are hundreds of railway establishments including two diesel and electric locosheds in TN.In our state zero.We pay maximum revenue to Rlwys but always we are cruelly ignored.All good things to TN.It took 50 years for the electric train to reach Kerala.All parochial,regionalistic people in Southern Railway HQrs at Chennai.Down with them.Our people now are beginning to know that we are ill treated and being humiliated.Gone are the days of idleness.We will fight for our cause.Not only Rlwys, water also is not the pvt property of TN.

Can someone please enlighten me, WHY SRIPERUMBUDUR ? THERE ARE OTHER SEZs LIKE RELIANCE SEZs ETAL WHICH PROMISE FAR BETTER AMENITIES AND FACILITIES THAN THE OTHER SEZs IN INDIA.
someone throw some light....please....whats so special about Tamil Nad's SPRBDR ?

Mostly it's the Government's wilingness to bend over backwards to provide support services for MultiNational Corporations. Additionaly, the surrounding (educated) labor force and low wages make hiring easy.

say a train starts from chennai, till it reach podanur or coimbatore..
it stop only in 5 stations( chennai, katpadi,jolarpet, salem,erode, thirupur and coimbatore)... but why when the same train passing thru kerela stops in all place... ???????

u say malayali bring more revenur.. but y ur state didnt improve...

First think y u dnt have proper road, good infrastructure.. improve ur state and dnt cme for others states... ( u work in other states like chennai or blore when u return home u shud pay money to travel..

if have job in ur state then u dnt have to contribute to other state.. contribute to ur state alone...

Any train once it enters Kerala it stops in numerous stations and the people of Kerala are more worried about Kerala Express stopping in Thiruppur and Coimbatore. Once Kerala had good trains like Venad, Vanchinad etc now The politocos and people have turned these trains in to super crawlers with stopping every 10 kms. The TVC superfast mail becomes fast passenger in Kerala. So please dont point fingers. A guy living in Chengannur or Chengannachery would not board the train at Kottayam.Jn instead fight for a station in their own backyard. Maybe next time try asking for trains to stop in your backyard, then crib and fight that the train stops at TN cities.

25/09/07 -There is a lot of land in Sriperumbudur/ Sriperumbuthur on the Chennai to Bangalore Highway which is being acquired by the Tamil Nadu Goverment SIPCOT agency, in order to hand over to large Indian and Multi national companies. Apart from this there is large contiguous area being planned for takeover by the airports authority for their new Greenfield International Airport. Therefore buying land anywhere within 20km radius of the Rajiv Gandhi memorial is fraught with risk, because even if a property is not earmarked for acquisition today... it could be tomorrow!! On the other hand this place which is just 30 kms or so from Chennai is one of the fastest developing area in the World. That's right! It has been acknowledged as a future competitor to the fastest developing areas of China. Nokia, Dell, Hyundai, Flexitronics, Foxconn and numerous other international brands are already there. Obviously those who possess land here are lucky and should fight to hold on to it.
Unfortunately we Middle class Indians have very little back bone. Our land is being acquired by the Govt agencies for ridiculous low prices. Plot owners in Orgadum village, Sriperumbudur were paid between Rs40/sft to Rs.105/sft for land in approved layouts. Unapproved and agricultural land fetched even less. And Rs.105 was paid only for prime roadside plots. The real market value is currently over Rs.500 per sft. Anyone who knows about the current cost of real estate in Tamil Nadu will agree with me that these poor land owners were simply cheated out of their hard earned money. They have not only been deprived of their chance to benefit from the fantastic future development of the area, but have also been given such a paltry compensation that they can never dream of investing in any equivalent land with the proceeds. To add insult to injury, the compensation was paid to them AFTER deduction of tax at highest rate. the Government claims that it needs the land to attract Industries into the state. Those companies are lining up to set up shop here. That they are subsidizing the actual cost of SEZ land and giving it over to industrialists cheap, in addition to handing out all the tax sops and benefits to them. That's all very fine and more grease to the Government’s elbows, provided they are meeting these expenses wholly from their own development funds. Unfortunately, that's a lie. It's the poor original plot owners and farmers who actually bear the cost. It is they who are actually bearing the brunt of the subsidization. The cheap land handed out is actually at the expense of their sweat and tears! It is at the expense of their's and their children’s futures. Just imagine the plight of a man who has purchased some plots of land in a DTP sanctioned residential layout 15 years ago with foresight, in say Pillaipakkam Village, Sriperumbudur. He has dreamed of building his own home there once he nears retirement, and once the area develops. Now he sees that his plans will soon be fulfilled, since the area has now entered the phase of rapid development. In fact land prices are so high everywhere that he is glad that he made that far sighted decision all those years back, because now there is no chance of his buying land anywhere in and around Chennai, even if he works another two lifetimes, on his present salary. In fact construction costs have also gone up to over Rs1000/sft, but he can always manage by selling off part of his land at the current rates (over Rs.800 per SFT in Pilliapakkam Tambaram Road layouts) to finance construction. Suddenly retirement looks good, and life happy. Then suddenly he gets a letter from the collectorate asking him menacingly whether he has any objection to his land being taken over. Everyone who knows these things advises him that any objection he makes will meet it's fate in the dustbin. He will be called for some bogus "enquiry" meetings and then, if he is smart, he should accept the paltry "compensation" (which will be determined at a later stage after you have already given up the fight) else he will be ignored and his land will ultimately be taken over anyway. The man's entire life thus is ruined, all for the so called development of the state. He is not even appreciated by that state to which he is forced to sacrifice, else why is he being taxed on even the meager amounts given to him?? Is this fair? Aren't the real beneficiaries of this legalized land grabbing (SEZ) only the already rich industrialists and the politically connected land owners whose land is strategically placed outside the purview of these acquisitions??
Think about this...is it not your right to own land as a citizen? If you allow this to happen to others, maybe tomorrow it will be your turn also. If the TN Government can give free TV sets to half the population, can it not give a fair compensation to the land owners, based on a price determined by an independent body?? Our good Indian citizens will never stand in the way of progress, but why should they be taken for a ride? Compensate them generously so that they can go on with their lives and live in peace. It is the government's mistake and lack of planning not to have taken over these lands 15 years ago when they decided to develop satellite towns around Chennai city. Then they could have paid much less to the farmers who were willing to sell to the private developers at the time, and would have caused much less damage. Now after this land has changed hands over the years and been developed into residential plots by numerous far sighted people , they can not just waltz in one fine day and take it over to simply gift it to the already privileged. There is hope if we take a stand. See what happened when the affected persons around the current Chennai airport took a determined fight to the authorities. The Government had to back down. So if your land in Pillaipakkam or elsewhere is under acquisition make your voice heard, and fight to ensure that you are well compensated.

Cooperative society layout near Ranipet (much further from Chennai than Sriperumbudur) was being advertised yesterday's paper for Rs.650/sft. So Sriperumbudur should fetch minimum of Rs.800/sft. If Govt takes over the land then they may offer half that rate (unless some good sense prevails within the DMK).

dont fret ppl.........der is some more for sriperumbadur waiting........nissan renault and mahindra are setting up a one billion dollar plant which wud roll out 4 lakh cars per year........forget china all these wud give detriot a run for their money mate!

It seems TN Govt is not taking care and the peaceful relocation of those people whose land was grabbed in Sriperambadur thro SIPCO inorder to give way to Foreign MNCs. It also appears the country and its soil and land is being sold to foreigners in the name of Globalisation. It is pertinant to mention that when the Kerala Govt took over the lands from the people it appropriately compensated by providing alternative housing, employment to one member of the family apart from the market rate to the land owners when they lost their land (sacrifised )to develop the new airports in the interest of the Nation. Why TN Govt is deff and dum while acquiring the land from it's own people

I fully agree with the comments posted by Mr. Ramesh Ranganathan on September 26, 2007. To add to the woes of the people who own small plots / farms in the area in Sriperumbudur where SIPCOT has intentions to make acquisition, there are no transactions since the decision to acquire is pending. The poor owners of farms and plots are now at the mercy of SIPCOT to communicate their final decision.

The Government only tries to make way for the rich people to further enrich themselves at the cost of the poor farm and plot owners. Is the Government ever trying to probe into the net worth of the small plot and farm owners in Sriperumbudur? Or is the Government simply blinded by their vision of creating another Shenzhen? Who cares in a country like India? Will not the curses of the poor people who have bought such plots with their meager salary income, ruin this country or at least those who invest in their Industrial ventures on such plots.

The people who come forward to invest in the Industrial projects in such SEZ's should remember this. I am personally aggrieved by this decision, and my sympathies to all those affected like me.

Similarly the Forest land decision in Mumbai. A City which is crammed and has a very dense population and where people live a dogs(stray) life, the Hon'ble High Court decides that major part of the land in the suburbs belong to the Forest Department. The people who have legally purchased their flats using their hard earned money, borrowing from housing finance institutions and committing their earning of a life time to such institutions have to now wait for a decision from the Apex Court. There is a sword hanging over their heads. I can understand their sentiments.

WHOSE FAULT IS IT?
The Forest department, which slept well over 50 years to come up with this issue, or the State Government which did not realize that two departments of the Government have different records, one showing the land as private Forest land and the other as meant for Residential, Industrial, Hospital etc. use.

In all enactments of our Country there is a provision, that actions taken in GOOD FAITH are not penalized. Here we are in a situation where the innocent citizens of this country have bought flats in buildings constructed on a land which till yesterday they never knew was Forest Land since they have no means to check the records maintained by the Forest department and they are now being asked to give back for the development of the forests.

I feel sorry for those others who support through the papers the decision taken by the Hon’ble High Courts. Do they know what this means? We say Mumbai is united in the event of any calamity and people support each other. I disagree. Those outside the area marked as the new Forestland are rejoicing and are supporting this decision. Because, they believe, that this will never befall on them. Please wait…… Time will come and you will face the same consequences. You will realize only when it happens and mind you, the other who are unaffected will not support you. There is no unity in this country.

On 18th April 2008 a notice has been sent out to the land owners to surrender the land to the Tahsildhar in Sriperumbudur within a month. No mention of any quantum of compensation or any option of apeal. that means that the previous step/meeting of asking for objection etc was simply a eyewash. The TN Govt can simply confiscate any land be it agric or approved housing plots. They need not negotiate any price with the owners. They can simply hand over the same to their chosen blue eyed rich industrialists at nice price, well below market value. The Govt and it’s partners are thus looking at hugh gains from day one, at the expense of the gullible public. This type of land acquisition is ilegal. inhuman, undemocratic and anti-people whichever way you look at it. Even China has a much more organized and fair method of land acquisition. The TN Govt is acting like a banana republic and trampling on the peoples basic human rights. This kind of "development" is short sighted and can never lead to real progress in Nation building, since the helmsmen are emotionally and mentally bankrupt. In April 08 there was a BBC news item on this very issue of the way in which SEZs are being set up at the expense of basic human right of individuals to own their land. This particular method is not practiced in any other democratic and modern republic. According to BBC report -Case has been filed in Supreme court on behalf of land owners. It is only a matter of time before the Government will be forced to change it's misguided methods. Those who fight and hold on to their god given land, will eventually win as happened in the case of ULC acquisitions which the government eventually was forced to abandon. Land owners who gave up easily- lost their land. Those who filed cases finally reaped their just rewards. This must be why the TN Government is in a hurry to grab as much as possible before the tide changes in flavor of the suppressed plot owners and farmers .

Am one of the victim whose land has taken by SIPCOT for an unfair compensation. All of this poor guy's hard earned money got eaten by the fatty policticians and wealthy industrialists. I had purchased 2400 sqft plot in Sriperumbudur in early 2000. Thought to build a house after 5 yrs as i dont have strength to buy a flat even in outer chennai. all my dreams got ruined by the govt. The current value of the plot is Rs. 10Lakh now but i am told to get a compensation of 1.75L. Where will get a 2400 sqft plot for this money around chennai? Already i have waited around 10 yrs area development and its impossible to wait for a new place another decade. This unlucky guy never realise that his fate is to dwell in a rented house throught his life time. What Ramrenga told is 1000% correct. This message should be spread to the community so that we can avoid more victims.... (prakashsmail@hotmail.com)

Compensation Rates Fixed By Tamil Nadu Government
________________________________________
As per the Hindu Newspaper report dated Thursday 17th July 2008 the Tamil Nadu government has finally come out with the rates of compensation to be paid by SIPCOT to plot owners of lands in Pillaipakkam, Vengadu, Navalur and Irumbedu Villages coming under Sriperumbudur village.
See Link: http://www.thehindu.com/2008/07/17/s...1759200400.htm

The compensation fixed is between Rs.100/sft to Rs.200/sft max !!

With this amount of compensation the landowners can buy themselves lots of peanuts...they certainly will not be able to purchase any alternate sites for their homes. The Government says that these rates were fixed after considering last land transaction amount and current market value. Since land sales in these areas were frozen quite some time back, there has been no transactions within the relevant past - also the market rate can not be determined except by considering the rates in the areas nearby where land can still be registered. If the current market rates in and around Sriperumbudur are seriously taken into account - then the compensation rates would be in multiples of what the Government is offering. The rates offered are criminally low. The Government is really exploiting the landowners in a most unfair and inhuman way.
In the same day's Hindu there is a report that the Tamil Nadu Housing board will be selling plots in Sriperumbudur soon. Will they be available at the rates that the Govt is offering as compensation? Certainly not if you look at the TNHB record of recent sales in Shollinganallur etc. So the Government can sell to it's citizens at market value, but when it comes to compensating those from whom land has been forceably acquired - it's just a fraction of market price. At least they can have the decency to allot alternative plots through TNHB on preferential basis to these land owners and also exempt them from paying tax on their compensation amounts, which should at least be minimum of twice the current level offered.

All affected people should take a more proactive stand and come together immediately to demand a fairer compensation for ourselves and our families.
Keep monitoring the web for others like yourself and come together!

The Madras high court has upheld the land acquisition proceedings of the state government for its Sipcot Irunkattukottai industrial expansion scheme unit-IV in Sriperumbudur. Justice P. Jyothimani dismissed a batch of petitions from P. Vijayaraghavan and others, challenging the acquisition proceedings of the state government in respect of lands in Pillaipakkam, Venkadu, Navalur and Irumbadu villages for the industrial expansion scheme.

The Madras high court has upheld the land acquisition proceedings of the state government for its Sipcot Irunkattukottai industrial expansion scheme unit-IV in Sriperumbudur. Justice P. Jyothimani dismissed a batch of petitions from P. Vijayaraghavan and others, challenging the acquisition proceedings of the state government in respect of lands in Pillaipakkam, Venkadu, Navalur and Irumbadu villages for the industrial expansion scheme.

The Indian public, the government administration and courts have generally been indifferent towards the suffering of those whose land has been forcibly usurped by state governments, for so called public purposes. These state governments have been using unfair and unjust means backed by draconian colonial era laws to carry out land acquisitions for sezs.
The general public may perceive this as a necessity for development activities to take place at a faster pace. So what if the lives of large numbers of fellow citizens are disrupted or even destroyed? What if entire populations are displaced with nowhere else to go? What of the numerous from the working class who suddenly find that they have been dispossessed of their hard won housing plots? It’s no disaster since the Government will compensate them right? Wrong! The problem is that very few actually know what really happens after land is notified. Few are aware that the dispossessed are put through living hell by a dehumanizing bureaucratic process that seems determined to deprive them of even the meager dues promised.
There is no real avenue for objection or for redressal of grievances throughout the long process . Everyone knows that the courts have hardly ever given a verdict favourable to the dispossessed in such cases. The compensation paid(if any at all), is far from fair or adequate. Take for instance the case of lands taken over by the Tamil Nadu government for allotment to sezs in Sriperumbudur. Much of the rich agricultural and even approved housing layout land taken over was mis-labelled as “arid land”. The Government declared for public consumption that compensation would be generous. However the actual rates announced were far below market rates even at the time of notification, and are below present day market rates by several increments . Yet very few have received compensation till date, even those who decided to give there acceptance years ago. Moreover there seems to be no intention to pay any solatium nor interest as per law. Apart from the hardship of having to make repeated visits to the concerned offices and produce all kinds of documents, and face interminable inconvenience and hardship, many found that substantial portions of their land simply did not appear in the compensating

The Indian public, the government administration and courts have generally been indifferent towards the suffering of those whose land has been forcibly usurped by state governments, for so called public purposes. These state governments have been using unfair and unjust means backed by draconian colonial era laws to carry out land acquisitions for sezs.
The general public may perceive this as a necessity for development activities to take place at a faster pace. So what if the lives of large numbers of fellow citizens are disrupted or even destroyed? What if entire populations are displaced with nowhere else to go? What of the numerous from the working class who suddenly find that they have been dispossessed of their hard won housing plots? It’s no disaster since the Government will compensate them right? Wrong! The problem is that very few actually know what really happens after land is notified. Few are aware that the dispossessed are put through living hell by a dehumanizing bureaucratic process that seems determined to deprive them of even the meager dues promised.
There is no real avenue for objection or for redressal of grievances throughout the long process . Everyone knows that the courts have hardly ever given a verdict favourable to the dispossessed in such cases. The compensation paid(if any at all), is far from fair or adequate. Take for instance the case of lands taken over by the Tamil Nadu government for allotment to sezs in Sriperumbudur. Much of the rich agricultural and even approved housing layout land taken over was mis-labelled as “arid land”. The Government declared for public consumption that compensation would be generous. However the actual rates announced were far below market rates even at the time of notification, and are below present day market rates by several increments . Yet very few have received compensation till date, even those who decided to give there acceptance years ago. Moreover there seems to be no intention to pay any solatium nor interest as per law. Apart from the hardship of having to make repeated visits to the concerned offices and produce all kinds of documents, and face interminable inconvenience and hardship, many found that substantial portions of their land simply did not appear in the compensating authority’s records and that there was no other way but to write these off in order to have the remaining claim processed.
It is high time that the Central government places an embargo on land acquisitions, until a humane and equitable system which is acceptable to affected parties, and with practical and effective redressal systems is put into place.

Everyone knows that China's got more people & that its importance as an economic superpower has escalated in recent years. What you might not understand is how the differences btw our countries,in economic philosophy, in population, in geography and in how the military is built and paid for ultimately play into the entire economic relationship

The people who have legally purchased their flats using their hard earned money, borrowing from housing finance institutions and committing their earning of a life time to such institutions have to now wait for a decision from the Apex Court.

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